I Want to know that as i am a proprietor and I have transfer of amount 200000 in my personal account or saving account ,then what will treatment in the books of account?
please do the needful
4 Replies
sulabh lekharajani
(9 Points)
Replied 27 February 2019
It would be shown as drawing from the proprietory concern which affect your capital contribution in the business.
akhilesh tiwari
(private worker)
(240 Points)
Replied 27 February 2019
Sir, how much amount we can show as a drawings in one financial year
sulabh lekharajani
(9 Points)
Replied 27 February 2019
it's depend upon your capital contribution in the business.
Priya Kashyap
(Student)
(7053 Points)
Replied 07 March 2019
by Drawings to bank/cash a/c
balance sheet - capital - drawing
balance sheet - capital - drawing
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